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Which of the Following Statements Regarding the Secondary Market for Australian

Question 30

Multiple Choice

Which of the following statements regarding the secondary market for Australian government securities is incorrect?


A) The volume of on-exchange trades of government securities is very high.
B) Treasury notes and bonds may be listed on the Australian Securities Exchange (ASX) .
C) Banks buy and sell government securities to manage their operational liquidity.
D) All wholesale electronic transactions involving Commonwealth government securities are settled through Austraclear.

Correct Answer:

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